Added to YB: 2024-12-30
Pitch date: 2024-12-23
VIV.PA [bullish]
Vivendi SE
-3.57%
current return
Author Info
Sophon Capital Management is a solo analyst with experience both on the buyside (at a Tiger Grand Cub, long/short hedge fund) and on the sell-side (covering Internet at a Wall Street investment bank) who is scouring the public markets for compounding machines and hidden assets. Sign up for the newsletter.
Company Info
Vivendi SE operates in the content, media, and entertainment industries in France, rest of Europe, the Americas, Asia/Oceania, and Africa.
Market Cap
EUR 2.4B
Pitch Price
EUR 2.46
Price Target
N/A
Dividend
1.64%
EV/EBITDA
5.98
P/E
-9.95
EV/Sales
13.57
Sector
Entertainment
Category
value
Trade idea #1: European conglomerate at a ~64% NAV discount - Vivendi SE
VIV.PA: Post-spinoff of Hachette, Canal+, Havas, stock +35% but still 64% NAV discount. Majority value in liquid UMG stake. Potential catalysts: TIM stake sale (€1B+), debt reduction, BOL.PA takeover to consolidate UMG holding, or UMG stake distribution. Attractive HoldCo discount.
Read full article (1 min)